Casino Destinations

Chilean company exits $120 million Strip property deal

Radosav Milutinovic
Latest Casino and Gambling News, Casino News, Las Vegas, Casino Destinations, Casino proposals, Casino expansion projects, World Casino News, Chile, Central & South America Gaming, Gaming Industry News, Nevada
Chilean company CB Investments SpA was planning to develop a hotel-casino on the Strip near the Las Vegas Convention Center’s West Hall but has withdrawn from the $120 million deal due to allegedly high mortgag...

Emperor Entertainment Hotel signs deal to take over management of Macau’s satellite casino Grand Emperor

Marija Malenovic
Latest Casino and Gambling News, Casino Destinations, Casino News, Gaming Law & Legislation, Casino reviews from Macau, World Casino News, Online gambling regulation, New Hotels, Gaming Industry News, Hong Kong, Economy/Finance, Game manufacturers, Licenses, Online Gambling News, Macau, Asian Casino News, Mergers, Acquisitions & Partnerships, Licensing, Financial Press Releases
After a six-month period of direct administration by Macau gaming licensee, SJM Resorts Ltd., a subsidiary of Hong Kong-based SJM Holdings Ltd., Emperor Entertainment Hotel's subsidiary, Tin Hou Ltd. based in H...
ohio

BetMGM Recent Ohio Launch – Everything You Should Know

Vanja Mitic
Casino Destinations, Latest Casino and Gambling News, Casino News, U.S.A., Casino expansion projects, World Casino News, North America Casino News, Casino openings, New online casinos, New Hotels, Casino project updates, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Sports betting, Ohio
A leading operator in the sports betting and iGaming industry, BetMGM, has shared some exciting news about its operations. Both mobile and retail sports betting operations will be launched in Ohio.  Two famo...

Macau concessionaries report year-to-year casinos fee as 10-year gaming concessions start

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, New Hotels, World Casino News, Gaming Industry News, Game manufacturers, Economy/Finance, Conferences / Trade Shows, Asian Casino News, Macau, Online Gambling News, Financial Press Releases
On January 2nd, 2023, six Macau concessionaires reported that they would individually pay the Macau government a base sum of MOP750 dollars per square meter of gaming space for the first 3 years of their latest...

Macau expects visitor upturn during Chinese New Year as measures are lifted

Radosav Milutinovic
Latest Casino and Gambling News, Casino Destinations, Casino News, Reviews from the Cotai Strip, World Casino News, Casino openings, Casino reviews from Macau, Gaming Industry News, Casino project updates, The Players Lounge
Following the suspension of COVID-19 prevention measures and zero-COVID policy for the first time in three years, Macau authorities finally allowed tour groups from mainland China to visit the region. Macau is ...

New Covid wave hits Macau closing Cotai food and beverage facilities

Radosav Milutinovic
Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino Destinations, Casino News, Casino reviews from Macau, World Casino News, Gaming Industry News, Mobile gaming, Casino moguls, The Players Lounge, Online Gambling News
A review of the websites of Cotai casino resorts indicates that at least three of them are closed, as well as multiple Cotai food and beverage outlets. The closures are seemingly due to the Covid-19 case count ...

VICI Properties acquires Foundation Gaming’s properties for $293 million with 8.3% capitalization rate

Radosav Milutinovic
Casino Sales, U.S.A., Las Vegas, Casino Destinations, Latest Casino and Gambling News, Casino News, World Casino News, North America Casino News, Casino expansion projects, Gaming Industry News, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Mississippi
Real estate investment trust, VICI Properties Inc., has purchased the real estate assets of the Fitz Casino & Hotel (“Fitz”), located in Tunica, Mississippi, and the WaterView Casino & Hotel (“WaterView...

Maverick Gaming purchases four properties in Washington in $80.5 million investment

Radosav Milutinovic
U.S.A., Casino Destinations, Latest Casino and Gambling News, World Casino News, Casino expansion projects, Gaming Industry News, Poker, Colorado, The Players Lounge, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, Labor Relations, Nevada, Washington
Fast-growing gaming company, Maverick Gaming LLC, has announced the purchase of four card rooms in Washington State. Chips Casino in Lakewood, Goldies Casino in Shoreline, Palace Casino in Lakewood, and Riversi...

Macau GGR expected to exceed $22 billion by 2027 to incur additional 20% tax to operators

Radosav Milutinovic
Casino Destinations, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Online Gambling News, Taxation, Asian Casino News
Analysts at Morgan Stanley are predicting that Macau's gross gaming revenue values will exceed $22 billion by 2027. The predictions follow the signing of new gaming concession contracts by Macau's six operators...